Lowe's follows J.C. Penney's failed business model

Looking at "Today's Agenda" in the Nov. 20 business section, I couldn't help noticing the irony:

In one item, it talked about J.C. Penney reporting weak sales in the third quarter report despite reversing the failed policy of former CEO Ron Johnson. He had eliminated sales prices in favor of everyday low prices. As anyone that follows business news knows, that policy landed with a thud.

Directly below that item was the news that investors are anxiously awaiting results from Lowe's new practice of returning to "permanent low prices ? instead of fleeting discounts."

It makes one wonder if these highly paid executives pay attention. It will be interesting to see how this plays out.

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Lowe's follows J.C. Penney's failed business model

Looking at ?Today?s Agenda? in the Nov. 20 business section, I couldn?t help noticing the irony.